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NR511
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NURSING EXAM TEST
[Document subtitle]




[DATE]
[COMPANY NAME]
[Company address]

, NURSING EXAM TEST


Chapter 05

Final Consumers and Their Buying Behavior

, NURSING EXAM TEST


Chapter 05 Final Consumers and Their Buying Behavior Answer Key




TRUE / FALSE QUESTIONS


1. The economic-buyer theory assumes that consumers know all the facts and logically compare
choices.
(p. 112)




TRUE


The economic-buyer theory assumes that consumers are economic buyers - people who know
all the facts and logically compare choices to get the greatest satisfaction from spending their
time and money.


AACSB: Reflective Thinking
Blooms: Remember

Learning Objective: 05-01 Describe how economic needs influence the buyer decision process.

Level of Difficulty: 1 Easy
Topic: Economic Needs Affect Most Buying Decisions




2. Most economists assume that consumers are "economic buyers" who logically evaluate
choices to get the greatest satisfaction from spending their time and money.
(p. 112)




TRUE


Most economists assume that consumers are economic buyers - people who know all the
facts and logically compare choices to get the greatest satisfaction from spending their time
and money.

, NURSING EXAM TEST

AACSB: Reflective Thinking
Blooms: Remember

Learning Objective: 05-01 Describe how economic needs influence the buyer decision process.

Level of Difficulty: 1 Easy
3. Topic: Economic Needs Affect Most Buying Decisions

(p. 112)


Economic needs include such things as self-respect, accomplishment, fun, freedom and
relaxation.



FALSE


Some economic needs are - economy of purchase or use, efficiency in operation or use,
dependability in use, improvement of earnings, and convenience.



AACSB: Analytic
Blooms: Remember

Learning Objective: 05-01 Describe how economic needs influence the buyer decision process.

Level of Difficulty: 1 Easy
Topic: Economic Needs Affect Most Buying Decisions




4. The "economic buyer" view of consumers says that individuals will only buy the cheapest

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